2008年4月上海期货交易所市场综述

MARKET REVIEW OF SHANGHAI FUTURES EXCHANGE IN ApRIl 2008

铜：4月国际铜市上半月振荡走高，下半月高位宽幅振荡。受智利罢工消息刺激，国际铜价快速上涨，4月17日触及8890美元新高。其后，由于美联储降息放缓和美元汇率的反弹对铜价构成压制，国际铜价一直维持8500美元以上的高位宽幅振荡。伦敦三月期铜月末收于8540美元，较上期末收盘价8390美元上涨150美元，波动区间为8200～8840美元。4月沪铜基本走势较国际铜市偏弱，基本维持先抑后扬，振荡整理形态。4月中国海关公布3月份和1季受铜进口数据均大幅减少，对期货价格构成较大压力，沪铜仍足易跌难涨。

International copper price tossed upward in the .first half of April, and then fluctuated within awide range at high levels. The 3M LME copper futures moved within a range of US$8,200-8,840 and settled at US$8,540 for the month, up US$150 from the end-March price of US$8,390. Shanghai copper was duller than the metal in the global markets in April. The SGE copper followed a V-shaped path and consolidated. The most active contract 0807 moved between 63,420 and 67,190 yuan before it closed April at 65,380 yuan, down 700 yuan month-on-month.